[hnnewguy]

>you realize that all those people suckered into ARM loans they couldn't afford during the housing crisis was precisely because they couldn't read between the lines?

Maybe, just maybe, there were a few who said, "I'm going to flip this house before the interest rates adjust, so who cares what it says between those lines?" or "I'll live in this house while I can afford it, and when I can't I'll mail in the keys and leave the bank hanging for a loan I agreed to pay back in good faith."

All the bad guys aren't on one side.

[fweespeech]

I never said they were. But requiring clear, obvious warnings on things is a large fraction of regulation and the relevant part to "helping people who can't read between the lines".

Regulation is rarely an outright ban, especially in this context.